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Chinese Social Media Startup Seeks Funds At $6B Valuation

PYMNTS

Chinese eCommerce and social media startup Xiaohongshu , also known as “Little Red Book,” wants to raise funds at a $6 billion valuation, according to Bloomberg. It was started in 2013 as a community online that would recommend eCommerce sites outside of China.

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FTC seeks public input on updates to 2013 guide on making effective disclosures in digital advertising

CFPB Monitor

The FTC has announced that it is seeking public input on ways to modernize its 2013 guide titled “. com Disclosures: How to Make Effective Disclosures in Digital Advertising ,” which provides guidance to businesses on digital advertising and marketing.

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The Facebook Files: Royal Bank of Canada, Facebook Differ On Why Bank Had Continuing Data Access

Bank Innovation

Royal Bank of Canada and Facebook today offered differing versions of why the social media company continued to give the bank extraordinary access to customer data after Facebook said publicly that it would stop doing so. RBC said Facebook allowed it access in order to “wind down” a payments app it first unveiled in 2013. […].

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On Tweeting with Patti Husic, an ICBA Social Media Influencer

Independent Banker

Husic: I joined Twitter in 2013. Husic: Originally, I had qualms about effective use of my time as an executive and the ROI of social media. Ann Chen ( ann.chen@icba.org ) is ICBA’s director, social media engagement. Featured General Marketing and Sales Social Media Matters'

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Bank Marketers: Will New Gallup Poll on Social Media Change Your Strategy?

Long Lasting Ideas

A recent Wall Street Journal article states social media fail to live up to early marketing hype based on a newly released Gallup report. Bank marketers may want to look at this data to see if they need to update their social media strategy. adults and was conducted between December 12, 2012 and January 22, 2013.

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Twitter Acquires Design Agency Ueno

PYMNTS

Thorleifsson said in the post that the company, which was founded in late 2013, first worked with Twitter in 2019, when a friend of his, Dantley Davis, who worked at Twitter, contacted him for help. Twitter has acquired Ueno , a design agency, a blog post from company CEO and Founder Haraldur Thorleifsson stated.

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Standard Chartered, Amazon To Offer Installment Payments In UAE

PYMNTS

Payfort , an Amazon company set up in 2013 to help with payments throughout the Arab world, will be offering the new option through its online payment gateway, according to the report. Payfort managing director Omar Soudodi said the offering would help to bolster financial choice. Visa launched a pilot program, Visa Installments in the U.S.

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